Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million
Brexit

Facebook’s CEO Mark Zuckerberg announced he does not have any plans to appear before the UK Parliament’s Digital, Culture, Media and Sport Committee to give evidence about the Cambridge Analytica scandal. The snub follows threats of an official summons, and a hearing given by Facebook’s CTO Mike Schroepfer, which the Committee found to be unsatisfactory. Following […]

The movies Netflix recommends, the advertisement we are shown after a Google search, the random song Spotify plays next. Most of these things are automatically “decided” by algorithms, and we know that. But have you ever stopped to think what is the rationale behind those choices— why Netflix’s algorithm went for Moonrise Kingdom instead of […]

Facebook’s founder and CEO Mark Zuckerberg has refused to appear before the UK’s Parliamentary Committee for Digital, Culture, Media & Sport, which is investigating the use and misuse of social media information in the wake of media revelations. analytica The committee reached out to Zuckerberg on March 20, after The Observer, Channel4 and The New York […]

The European Court of Justice (ECJ) has found that cab-hailing service Uber should be classified as a transport business— and not a digital company— under EU regulation. The ruling  might prove to be a crushing blow to the San Francisco-based company, which had argued it should be regarded as a mere technological middleman between drivers and possible passengers— a status that […]

Artificial Intelligence and driverless technology featured prominently in UK Chancellor of the Exchequer Philip Hammond’s budget speech, in which he announced new investment and tax breaks for technology companies, in the latest bid to shore up the sector ahead of Brexit. Life sciences, immersive technology, 5G, and FinTech were other key fields Hammond mentioned in his […]

British technology startups secured more venture capital money from Silicon Valley than companies in any other major European countries,  despite a looming Brexit. Over the last five years, according to London& Partners, UK tech companies bagged more Bay Area investment than France, Germany and Ireland combined. In that period, London technology startups raised $2.5 billion (£1.9 billion); the […]

The European Union has demanded that social media companies take more active measures to spot and remove hateful and illegal content online, strongly encouraging to adopt automated solutions. The European Commission has released a series of “guidelines and principles” that urge tech giants to building systems that can automatically detect, remove and prevent the re-upload of certain content. […]

Amazon is set to launch a new UK R&D centre in the university city of Cambridge. The new 5500 square-metre office will open in an office building next to Cambridge’s train station. The tech giant already runs  another research facility in the city centre, which—once the new office starts working— is going to start focussing […]

Artificial Intelligence, machine learning and robotics are still attracting investors to London despite Brexit fears, a new report reveals. The research, compiled by the founders of London Tech Week, highlights how London-based AI and machine learning companies have been able to secure a whopping £85.75 million in 2016, a twenty-fold increase from 2011’s investment levels. Over […]

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